The Sacramento Kings have reportedly signed guard De’Aaron Fox to a five-year contract extension worth $163 million, as reported by Shams Charania of The Athletic.
His new deal reportedly has a clause that can see him earn up to $195.6 million based on the salary cap and if he makes one of the three All-NBA teams.
As the No. 5 selection in the 2017 NBA Draft, Fox had a career year in 2019-2020 when he averaged 21.1 points, 6.8 assists and 1.5 steals per game.
The move comes two days after Kings guard Tyrese Haliburton was picked with the 12th pick in the 2017 draft.
Fox is quite possibly the best young guard in the NBA, but this contract could come back and bite the Kings. They are gambling that Fox hasn’t reached his potential. He shot only 29 percent from 3-point range last year and is 70 percent shooter from the foul line.
It’s a big risk here, but the Kings had to sign him or another team probably would have paid him.
— Shams Charania (@ShamsCharania) November 21, 2020